If you think demand for your product will be high, you should
A) cut the price to attract customers
B) charge a high price for it
C) make less of it
D) all of the above
B
Business
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If a bond is issued at a discount, the issue price is greater than face value
Indicate whether the statement is true or false
Business
Grace is a life insurance agent. She is attempting to sell a large life insurance policy, but the prospective purchaser is having second thoughts
To persuade the prospective purchaser, Grace said, "I will earn a $1,000 commission if you buy this policy. I'll give you $500 of my commission if you buy the policy." In most states, what illegal sales practice will Grace be guilty of if she splits her commission with the purchaser? A) rebating B) churning C) twisting D) backdating
Business